Press Releases

FlexTrade Wins WSL Award For Best Options Trading Platform

GREAT NECK, NY, February 9, 2015 – FlexTrade Systems, Inc., a global leader in multi-asset execution and order management systems, today announced its Derivix OEMS has won the “Best Options Trading Platform – Vendor” category at the fourth annual Wall Street Letter Institutional Trading Awards 2015 ceremony, which was held at Cipriani in New York on February 4.

The WSL Awards are designed for brokers, exchanges and trading platforms operating within the institutional trading industry who have proved themselves over the course of the preceding year.

“It’s truly an honor to have the Derivix OEMS recognized in this options trading category,” said Vijay Kedia, President and CEO of FlexTrade. “The platform is a best-of-breed, integrated solution combining FlexTrade’s FlexOPT functionality with Derivix, an advanced, real-time analytics and portfolio risk management system acquired by the company in 2012. It is available in two versions — Derivix -AM for the Buy-Side and Derivix-SM for the Sell-Side — and is in use at multiple trading firms on both sides of the client spectrum.”